Amarketing research company needs to estimate which of two medical plans its employees prefer. A random sample of n emplovees produced the 99% confidence interval (0.296,0.536) for the proportion of employees who prefer plan A. Identify the point estimate and margin of emor fo estimating the true proportion of employees who prefer that plan. OA. p=0536; E= -0.12 OB. p=0.416; E= 0.24 OC p=0416, E= .12 OD. p=0 296, E = 024
Amarketing research company needs to estimate which of two medical plans its employees prefer. A random sample of n emplovees produced the 99% confidence interval (0.296,0.536) for the proportion of employees who prefer plan A. Identify the point estimate and margin of emor fo estimating the true proportion of employees who prefer that plan. OA. p=0536; E= -0.12 OB. p=0.416; E= 0.24 OC p=0416, E= .12 OD. p=0 296, E = 024
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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![A marketing research company needs to estimate which of two medical plans its employees prefer. A random sample of n employees produced the 99% confidence interval (0.296,0.536) for the proportion of employees who prefer plan A. Identify the point estimate and margin of eror for
estimating the true proportion of employees who prefer that plan.
O A. p=0.536; E = -0.12
O B. =0.416; E = 0.24
OC. p=0416; E = 0.12
O D. p=0 296; E = 0 24
Click to select your answer.
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Transcribed Image Text:A marketing research company needs to estimate which of two medical plans its employees prefer. A random sample of n employees produced the 99% confidence interval (0.296,0.536) for the proportion of employees who prefer plan A. Identify the point estimate and margin of eror for
estimating the true proportion of employees who prefer that plan.
O A. p=0.536; E = -0.12
O B. =0.416; E = 0.24
OC. p=0416; E = 0.12
O D. p=0 296; E = 0 24
Click to select your answer.
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